Ceneco hikes power purchases
BY ADRIAN NEMES III
Central Negros Electric Cooperative is taking steps to purchase more power to address the demand of the growing number of businesses opening in its coverage area, Ceneco general manager Sulpicio Lagarde said yesterday.
The Ceneco coverage area is a business location of choice based on low cost of power, he said.
Ceneco is eyeing an agreement with the Green Core Geothermal Inc. in Brgy. Mailum, Bago City, Negros Occidental, to purchase 6 megawatts of electricity from it for the next 15 years at P4.6 billion, he said.